Mumbai, Nov. 26 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 1.9 million barrels in the week ending November 21. Crude oil inventories gained 4.4 million barrels in the week prior. Gasoline inventories saw an increase of 500,000 barrels in the week ending November 21, on top of the 1.5 million barrel gain in the week prior. Distillate inventories also rose in the reporting period, gaining 800,000 barrels, compared to the week prior's 600,000-barrel build.
Published by HT Digital Content Services with permission from Capital Market....